Progressive Corp (NYSE:PGR)
The intrinsic value of one PGR stock under the Base Case scenario is 105.91 USD. Compared to the current market price of 118.28 USD, Progressive Corp is Overvalued by 10%.
The Intrinsic Value is calculated as the average of the two valuation methods:
PGR Price Targets
Price Targets made by Wall Street
12-month price targets for PGR stock made by Wall Street professionals. The average price target is 116.6 USD with a low forecast of 79.79 USD and a high forecast of 142.8 USD.
PGR Insider Trading
Buy and sell transactions by insiders
During the last 3 months Progressive Corp insiders have not bought any shares, and sold 63k USD worth of shares. The last transaction was made on May 24, 2022 by Daniel P Mascaro, who sold 63k USD worth of PGR shares.
Progressive Corp. is an insurance holding company. The company is headquartered in Village Of Mayfield, Ohio and currently employs 49,000 full-time employees. The Company’s segments include Personal Lines, Commercial Lines and Property. The Personal Lines segment writes insurance for personal autos and recreational vehicles. Its Personal Lines segment products are sold through both the agency and direct channels. The Commercial Lines segment writes auto-related liability and physical damage insurance, workers’ compensation insurance primarily for the transportation industry, and business-related general liability and property insurance, predominately for small businesses. The Commercial Lines segment offers its auto products in all states. The Property segment writes residential property and renters insurance in virtually all states, primarily in the independent agency channel and through select agents. The Company’s non-insurance subsidiaries generally support its insurance and investment operations. The firm operates throughout the United States.
PGR Stock FAQ
The intrinsic value of one PGR stock under the Base Case scenario is 105.91 USD.
Compared to the current market price of 118.28 USD, Progressive Corp is Overvalued by 10%.